The Wall Street Skinny

Send us a textWe explore the hot topics of private equity, venture capital, mergers & acquisitions, hostile LBOs, and MORE through the lens of one of our favorite shows: Succession.  Think "dual class stock shares" sound boring?  Think again!  We break down the key corporate finance plot points (note:  spoilers included but minimized, especially regarding the season 1 finale) driving the drama inside one of the all-time greatest shows.  For additional insight, check out this great article from the FT:  https://www.ft.com/content/a7ce31e0-06f0-4986-9eb9-f4322a40ffc3For a 14 day FREE Trial of Macabacus, click HERE For 20% off Deleteme, use the code TWSS or click the link HERE!  Our Investment Banking and Private Equity Foundations course is LIVEnow with our M&A course included! Shop our LIBRARY of Self Paced Online Courses HEREJoin the Fixed Income Sales and Trading waitlist HERE Our content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice.

Send us a textCongrats on landing your summer internship....Now what??  We walk through every aspect of the internship experience --- from getting coffee to getting the coveted full time offer.  We talk about housing, training, desk assignments, the importance of networking, etiquette, and typical projects across various divisions.  We discuss how to prove your worth, how to land a full time offer, and how to deal if you DON'T get that dream offer.  Sharing personal stories of being little grownups in the big city and all we learned along the way.  For a 14 day FREE Trial of Macabacus, click HERE For 20% off Deleteme, use the code TWSS or click the link HERE!  Our Investment Banking and Private Equity Foundations course is LIVEnow with our M&A course included! Shop our LIBRARY of Self Paced Online Courses HEREJoin the Fixed Income Sales and Trading waitlist HERE Our content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice.

Send us a textIn this episode, we explore the world of hedge funds with Paul Podolsky, who spent 16 years at Bridgewater (the world's largest hedge fund) before launching a writing, publishing, and podcasting career.  We ask: how did hedge funds evolve, and how are they different from traditional asset managers?  What are the different types of hedge funds?  How do they raise and deploy capital?  What are the entry and exit opportunities?  And...what does it truly mean to be a "pain sponge?"Paul Podolsky spent 20+ years on Wall Street with most of that time at Bridgewater Associates, the biggest hedge fund in the world. Prior to that he worked.as a journalist in 1990s Russia, writing for Novaya Gazeta, The Moscow Times, and Hearst. He graduated from Brown University, The Fletcher School of Law and Diplomacy (Tufts in association with Harvard), and the Maurice Thorez School of Foreign Languages. He currently has a podcast of his own called 'Things I Didn't Learn in High School', is the author of "Raising a Thief" and "Master Minion" and has a Substack where he writes "Practical, jargon-free description of what is going on in international affairs and financial markets that ties directly to my asset allocation, with full transparency into my wins and losses."You can follow him at the links below.Follow Paul Podolsky:Twitter @paul_podolskyInstagram @paulpodolskywww.paulpodolsky.comFor a 14 day FREE Trial of Macabacus, click HERE For 20% off Deleteme, use the code TWSS or click the link HERE!  Our Investment Banking and Private Equity Foundations course is LIVEnow with our M&A course included! Shop our LIBRARY of Self Paced Online Courses HEREJoin the Fixed Income Sales and Trading waitlist HERE Our content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice.

Send us a textAnswering questions we've received from listeners via email and Instagram!  This week's topics include: how to choose the right valuation method?  How to prepare for an investment banking interview?  What is the difference between IRR, CAGR, and ROI?  ...and more!!  This is our first of many future Q&A episodes to come.  To have your question featured on our next Q&A episode, please email us at questions@wallstreetskinny.com or send us a direct message on Instagram.For a 14 day FREE Trial of Macabacus, click HERE For 20% off Deleteme, use the code TWSS or click the link HERE!  Our Investment Banking and Private Equity Foundations course is LIVEnow with our M&A course included! Shop our LIBRARY of Self Paced Online Courses HEREJoin the Fixed Income Sales and Trading waitlist HERE Our content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice.

Send us a textWe share our unfiltered personal stories from the front lines of the 2008 financial crisis.  Maybe you've read the headlines: banks going under (SVB, First Republic), UBS acquiring Credit Suisse, offers being rescinded, and worry about what will happen if you’re starting your career during a financial crisis.  They say past is prologue so  we share what it was like being on the trading floor of Lehman Brothers when it collapsed, or working firsthand on the financial products that caused a global economic meltdown.   We also reflect on lessons learned for navigating your career path during times of uncertainty.  Our most raw, personal episode yet!  For a 14 day FREE Trial of Macabacus, click HERE For 20% off Deleteme, use the code TWSS or click the link HERE!  Our Investment Banking and Private Equity Foundations course is LIVEnow with our M&A course included! Shop our LIBRARY of Self Paced Online Courses HEREJoin the Fixed Income Sales and Trading waitlist HERE Our content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice.

Send us a textIt's been a pretty wild spring in 2023.  Since March of this year, we've seen Silicon Valley Bank (SVB) collapse, Signature Bank shut down, Credit Suisse get acquired by UBS, and --- most recently --- First Republic get acquired by JPMorgan. But the turmoil in the banking sector is likely not over just yet. In this episode, we explore the economic circumstances driving current events and explain the underlying mechanics behind the headlines.  For a 14 day FREE Trial of Macabacus, click HERE For 20% off Deleteme, use the code TWSS or click the link HERE!  Our Investment Banking and Private Equity Foundations course is LIVEnow with our M&A course included! Shop our LIBRARY of Self Paced Online Courses HEREJoin the Fixed Income Sales and Trading waitlist HERE Our content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice.

Send us a textWe tackle our most-asked listener question: how do I ace the interview for a job in finance?  Listen to learn key technical skills you'll need in your toolkit and pick up tips for mastering the conversation.  We touch on do's (and don'ts!) for interviews in IBD and Sales & Trading, and cover variations on the theme for hedge funds, private equity, and other opportunities.  For a 14 day FREE Trial of Macabacus, click HERE For 20% off Deleteme, use the code TWSS or click the link HERE!  Our Investment Banking and Private Equity Foundations course is LIVEnow with our M&A course included! Shop our LIBRARY of Self Paced Online Courses HEREJoin the Fixed Income Sales and Trading waitlist HERE Our content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice.

Send us a textIn this episode we tackle the Sales & Trading division of an Investment Bank, the high profile, fast-paced, markets-based, client-facing arm of a firm.  This is where billions and billions of dollars change hands every single day, and fortunes can be made or lost before most people have their morning coffee.  We follow the journey of an investment idea from conception to execution, explain the roles of salespeople and traders, and discuss compensation metrics and exit opportunities.  If you listen closely, you might just learn how to retire before you’re 40.....For a 14 day FREE Trial of Macabacus, click HERE For 20% off Deleteme, use the code TWSS or click the link HERE!  Our Investment Banking and Private Equity Foundations course is LIVEnow with our M&A course included! Shop our LIBRARY of Self Paced Online Courses HEREJoin the Fixed Income Sales and Trading waitlist HERE Our content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice.

Send us a textIn this episode, we delve into one of life's greatest mysteries:  where do bonds come from??  We take a brief detour through the capital markets group and walk through an example of corporate bond origination.  We also discuss the lifestyle and exit opportunities associated with the Capital Markets division of an investment bankFor a 14 day FREE Trial of Macabacus, click HERE For 20% off Deleteme, use the code TWSS or click the link HERE!  Our Investment Banking and Private Equity Foundations course is LIVEnow with our M&A course included! Shop our LIBRARY of Self Paced Online Courses HEREJoin the Fixed Income Sales and Trading waitlist HERE Our content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice.

Explore the intricacies of investment banking division, focusing on mergers, financial analysis methods, acquisition strategies, private equity roles, banking opportunities, and work-life balance. Discover the career options in finance, including insights on sales and trading dynamics.